Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Sunday, May 08, 2016
American Billionaire Warns To Get Out of the Stock Markets and Run To Gold / Stock-Markets / Stock Markets 2016
Billionaire trader, Stanley Druckenmiller, recently stated that the current situation in the global economy is similar to the situation on the eve of the crisis of 2008.
At the Ira Sohn Investment Conference in New York, he said, “The bull market is exhausting itself… The Fed has borrowed from future consumption more than ever before. It is the least data dependent Fed in history. This is the longest deviation from historical norms in terms of Fed dovishness than I have ever seen in my career.”
Read full article... Read full article...
Sunday, May 08, 2016
Mining Share, Gold, Stock Market Forecast / Stock-Markets / Financial Markets 2016
The stock market, as measured by the S&P 500, reached its 115 trading cycle top the third week of April. The next important cycle low is due on July 5th. The SPX is in process of making a head and shoulders top, and should continue higher into the mid-point of the Mercury Retrograde Cycle around May 11th. My target price is 2080. Friday was the new moon low, but also a top for the precious metals complex.
Read full article... Read full article...
Sunday, May 08, 2016
SPX Downtrend Probably Underway / Stock-Markets / Stock Markets 2016
The week started out at SPX 2065. After a higher open and rally to SPX 2083 on Monday the market sold off for the rest of the week. Aided by two gap down openings the market hit SPX 2039 on Friday. Then it rallied to end the week at SPX 2057. For the week the SPX/DOW lost 0.30%, and the NDX/NAZ lost 0.55%. Economic reports for the week were mixed. On the downtick: ISM manufacturing, the ADP, monthly Payrolls, Q2 GDP est., and weekly jobless claims increased. On the uptick: construction spending, factory orders, ISM services, consumer credit, long term investor sentiment, and the trade deficit narrowed. Next week’s reports will be highlighted by the PPI, Retail sales, and Business/Wholesale inventories.
Read full article... Read full article...
Sunday, May 08, 2016
Weekend Charts: $SPX, $NYAD, $NYA, $INDU, $MID, $RUT, $FTSE, $CAC, $DAX, and $NIKK / Stock-Markets / Financial Markets 2016
I like the odds that Friday marked the bottom of the daily cycle and half intermediate cycle decline. The next daily cycle should be right translated as well and rally at least into the second week of June before the market starts to get nervous about the Brexit and we get another corrective move.
At this point there is virtually no doubt that the 7 year cycle correction is finished and the next phase of this QE driven bull market is beginning.
Read full article... Read full article...
Saturday, May 07, 2016
Poor Jobs....Daily Stochastic's Oversold......2043 Breaches But Holds.....Shocker! / Stock-Markets / Stock Markets 2016
Another interesting bull-market day as there still seems to be nothing that can take this market down with any force. As a reminder, I have spoken about how we still haven't seen any major distribution off tops on any of the key, daily index charts. That's the first big hint that something bad is beginning to take place.
Read full article... Read full article...
Saturday, May 07, 2016
SPX, NDX Reversal Pattern Has Formed / Stock-Markets / Stock Markets 2016
An impulse-with-retracement (reversal pattern) appears to be in its final formation. The retracement may go to mid-cycle resistance at 2066.99 before resuming the decline, but may be stopped at the 4.5-year trendline. This is a perfect setup for a flash crash to begin on Monday.
The NDX formed a 9-wave decline (impulsive), so it is in agreement with the SPX.
Read full article... Read full article...
Saturday, May 07, 2016
Wall Street Is Falling Off A Cliff, And The Bottom Is A Long Way Down / Stock-Markets / Financial Crisis 2016
For the past 50 or so years, the quickest way for a sharp young sociopath to get rich has been to join an investment bank or hedge fund. The former were riding a “regulatory capture” gravy train that became ever-more-lucrative as new government agencies morphed into subsidiaries of Wall Street. Hedge funds, meanwhile, were surfing the wave of easy money that inevitably results from putting banks in charge of interest rates and government spending.
Read full article... Read full article...
Saturday, May 07, 2016
Stock Market ‘Counter Trend Rally’ is Now Completing! / Stock-Markets / Stock Markets 2016
Last Friday, April 29th, 2016, the U.S. Indexes were very bearish as price clearly broke below the 20 day moving average then rebounded back up to test that level and was rejected and sold into.
The chart below shows the market bullish and bearish momentum and price action. The momentum of these markets has now shifted away from being ‘bullish’. It is currently struggling to find support and hold up. Do not expect new highs on the SPX and I feel its beginning its ‘bearish reversal’ (topping phase) before making a new leg down.
Read full article... Read full article...
Friday, May 06, 2016
Stock Market Critical SPX Support May be Lost / Stock-Markets / Stock Markets 2016
SPX declined beneath both the 50-day Moving average at 2043.67 and the December close at 2043.74. This may be a lethal combination for the bulls, since both are critical supports to lose and may not be regained.
ZeroHedge reports, “Well that escalated quickly.. After 3 VIX-smash saves this week, the selling pressure won (for now) as a dead-cat-bounce after the dismal jobs data has sent S&P 500 back into the red for 2016 (joining Nasdaq and Small Caps) with Dow and Trannies getting close...
The bounce is dead...”
Read full article... Read full article...
Friday, May 06, 2016
US Jobs Report punches SPX beneath the 50-day Moving Average / Stock-Markets / Stock Markets 2016
The SPX Premarket appears to have fallen beneath the 50-day Moving Average.
The mover is the huge monthly payrolls miss. ZeroHedge reports, “It appears that the Fed is now officially "one and done" because the only indicator that until recently "confirmed" a "strong recovery", non-farm payrolls, just had a major stumble.
Read full article... Read full article...
Friday, May 06, 2016
Markets At Crossroads: Huge Moves Brewing In Stocks And Gold / Stock-Markets / Financial Markets 2016
Markets arrived at crossroads, and big moves are around the corner.
Seldom have we seen so many assets and indicators at decision points simultaneously! We see stocks, gold, and the U.S. dollar trading at extremely important levels, all in conjunction. Note that this is not according to technical analysis, but our intermarket analysis and chart patterns.
Read full article... Read full article...
Friday, May 06, 2016
Stock Market Getting Ready for the Next Flash Crash / Stock-Markets / Financial Crash
Making sense out of the Wave pattern has been a mind bender. I keep reminding myself, “There is order here. I just have to find it!” The decline since 1500 hours on Monday is not an impulse as I had originally expected.
What I have come up with is a truncated Wave (ii) scenario for today’s move. This may be otherwise known as a “running” Wave (ii), since Wave c has been effectively stopped by the 4.5-year trendline.
Read full article... Read full article...
Thursday, May 05, 2016
Central Planners Versus Contrarian Logic / Stock-Markets / Financial Markets 2016
"For every action, there is an equal and opposite reaction" - Newton's Third Law, The Physics Classroom
Since the Great Recession, anyone following financial history and markets knows that this period of intervention and debt has surpassed everything seen in history prior to the events of 2007-2009. For every pull back in "risk on" assets, there have been actions to make sure equity markets went higher or back to previous highs, the lead example worldwide being US equity markets.
Read full article... Read full article...
Thursday, May 05, 2016
Stocks Extended Their Short-Term Downtrend But Will They Continue Lower? / Stock-Markets / Stock Markets 2016
Briefly: In our opinion, no speculative positions are justified.
Our intraday outlook is neutral, and our short-term outlook is neutral. Our medium-term outlook remains bearish, as the S&P 500 index extends its lower highs, lower lows sequence:
Intraday outlook (next 24 hours): neutral
Short-term outlook (next 1-2 weeks): neutral
Medium-term outlook (next 1-3 months): bearish
Long-term outlook (next year): neutral
Thursday, May 05, 2016
The Next 2008 Style Financial Crisis Event Is Lurching Towards Us / Stock-Markets / Financial Crisis 2016
As we noted yesterday, the ECB cannot and will not be able to generate GDP growth or inflation.
The EU is simply too leveraged. You cannot have an entire region sporting a Debt to GDP of over 90%… with banks leveraged at 26 to 1 using sovereign debt as collateral on their derivatives trades, and “fix it” using NIRP or QE.
Read full article... Read full article...
Thursday, May 05, 2016
Stock Market Holding On By A Thread... / Stock-Markets / Stock Markets 2016
The Nasdaq has long ago broken down below all key, exponential moving averages. Bad action there, but this has been an S&P 500 bull market for the most part the last year plus. The Nasdaq has been performing poorly due to those higher beta, higher P/E stocks the big money wants nothing to do with. Priceline Inc. (PCLN) was down 100+ today on their earnings report. No mercy anywhere if you have higher P/E stocks. The big boys and girls want lower beta. They want lower P/E and they want lower risk.
Read full article... Read full article...
Wednesday, May 04, 2016
Dow Stocks Bull Not Ready to Crash Yet / Stock-Markets / Stock Markets 2016
Have patience. All things are difficult before they become easy. SaadiOkay, okay, we have heard it before; this market should crash, everything is fake, etc. We are as we have spoken many times over the past two years in a new paradigm. Reality is being recreated; this entire economic recovery is a hoax but despite this, the markets have soared higher. What gives? If you manipulate the data, you can control the outcome, and that’s what has been done throughout this so-called economic recovery phase. Hence, there is no point in looking at the markets through old lenses, because the playing field has changed. The only thing you can focus on now is price and market psychology.
Read full article... Read full article...
Wednesday, May 04, 2016
Stocks may "cut loose" after supports are passed / Stock-Markets / Stock Markets 2016
SPX took all morning to successfully decline through the 4.5-year trendline and retest it. There are two probable paths it may take from here. First, it may complete an impulse at the 50-day Moving Average at 2037.73 and retest the trendline again. Or it may break the 50-day support and 2-hour cycle Bottom at 2026.17 while continuing its decline, as the Wave structure in the chart implies.
Read full article... Read full article...
Tuesday, May 03, 2016
Stock Market Technical Analysis / Stock-Markets / Stock Markets 2016
Technical Summary:
Short Term Trend: Neutral With A Bearish Configuration Possibly Developing.
Medium Term Trend: Bullish.
Long Term Trend: Neutral:Both The 100 DMA and the 200 DMA Are Flat.
Slow Stochastics: Overbought: Market Risk Is High.
Fast Stochastics: Neutral But Trending To Oversold.
VIX: Very Low: Market Risk Is High.
McClennan Oscillator: Low But Trending Down. Not Ideal For Shorting The Market.
A/D Line: Bullish.
Tuesday, May 03, 2016
Stock Market Bad News Bought Again...It's All About Rates....Nothing Else... / Stock-Markets / Stock Markets 2016
After seven straight down days on the Nasdaq, the market was ready for a bit of a bounce. The Nasdaq has been underperforming, mostly due to Apple Inc. (AAPL), which has been sinking like a stone since they had their earnings report and Carl Ichan sold all of his shares. Many other Nasdaq stocks have participated in the bad earnings world as well, which has clearly contributed to the down turn in the Nasdaq versus the rest of the stock market. The S&P 500 is holding up far better than the Nasdaq as the big money continues to rotate into safety and away from froth, and higher P/E and beta stocks. Risk is not what they're after at this moment in time. Safety is the name of their game.
Read full article... Read full article...